Pepsi and Unilever welcome Tazo
Starbucks has agreed to a licensing agreement with the Pepsi and Unilever to manufacture, market and distribute its Tazo brand of ready-to-drink beverages in the US and Canada. Tazo's range consists of over a hundred of tea, fruit and herbal beverages in bottled, filterbag, full leaf and tea latte concentrate varieties. It will be integrated into the Pepsi/Lipton Tea Partnership, the leading distributor of RTD tea products in the U.S., expanding the joint venture between PepsiCo and Unilever created in 1994. Acquired by Starbucks in 1999, Tazo is the exclusive tea brand offered at Starbucks coffeehouses worldwide and Seattle's Best Coffee cafes in the U.S.